DAC Clears Rs 2.12 Lakh Cr of Defence Buys for Armed Forces

DAC cleared Rs 2.12 lakh crore of defense purchases on 26 October for the tri-services, with 82% set for Indian industry. Chaired by Defence Minister Rajnath Singh, the council is the ministry’s top body for clearing big purchases. It gave an Acceptance of Necessity, or AoN, to the proposals. In... The post DAC Clears Rs 2.12 Lakh Cr of Defence Buys for Armed Forces appeared first on Equitypandit.